Italian accounting errors force BT to warn on 2017 and 2018 profit

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Italian accounting errors force BT to warn on 2017 and 2018 profit

BT, which had revealed an initial investigation into historical accounting practices in Italy in October, said a review had found a complex set of
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BT shares plunge as forecasts chopped after “inappropriate” accounting at Italian business worse …

A) has cut its forecasts for this year and next after finding that “inappropriate” accounting behaviour in its Italian business was far greater than
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Australia Pushes for TPP Without U.S. After Trump Exits Deal

Australia is leading a push to salvage a Pacific trade deal after U.S. President Donald Trump formally withdrew as a signatory to the 12-nation accord.
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BT issues profit warning as Italian accounting scandal hits £530m

BT has issued a profit warning after revising up the impact of an accounting scandal at its Italian business by more than three times to £530m ($661m,
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BT's Italian Accounting Scandal Deepens

LONDON—BT Group PLC (BT. A. LN) said a bigger-than-expected 530 million pound ($661 million) write-down related to an accounting scandal at its
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